Establishes the West Virginia Nuclear Lifecycle and Advanced Fuel Cycle Development Act to support nuclear fuel cycle activities.
The West Virginia Nuclear Lifecycle and Advanced Fuel Cycle Development Act establishes a special revenue account for nuclear lifecycle development. It authorizes activities such as uranium enrichment, recycling, and storage, subject to federal licensing. The state may provide matching funds and incentives for a Nuclear Lifecycle Innovation Campus. Interim storage of spent nuclear fuel is permitted, but the state cannot assume ownership without legislative authorization.
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